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Quess Corp, GoDigit under the lens as Fairfax accused of manipulating asset values

Finance

09 February, 2024

Quess Corp, GoDigit under the lens as Fairfax accused of manipulating asset values

Two Indian companies—an outsourcing services provider and an insurance-technology unicorn—are at the centre of allegations made by an activist short ......

Pro
Fairfax makes fourth monetisation move of 2023 from India portfolio

Finance

29 November, 2023

Fairfax makes fourth monetisation move of 2023 from India portfolio

Canadian investment firm Fairfax, led by Indian-born billionaire Prem Watsa, is extending its monetisation spree from the India portfolio as it ......

Premium
In Charts: Fairfax's India portfolio has a dud, a blockbuster and many hits

Finance

23 November, 2023

In Charts: Fairfax's India portfolio has a dud, a blockbuster and many hits

Few people have been as bullish about investing in India over the past few years as Prem Watsa, the founder ......

Grapevine: Byju's may buy Doubtnut; IIFL Finance may sell wholesale lending portfolio

General

29 June, 2020

Grapevine: Byju's may buy Doubtnut; IIFL Finance may sell wholesale lending portfolio

Byju’s is in advanced talks to acquire learning app Doubtnut as the Indian ed-tech giant looks to expand its reach ......

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Fairfax-backed IIFL Finance raises funding from another Canadian firm

Finance

03 September, 2019

Fairfax-backed IIFL Finance raises funding from another Canadian firm

Non-banking financial company IIFL Finance Ltd, which counts billionaire Prem Watsa's Fairfax Financial as an investor, has mobilised debt capital ......

Amazon to invest in Fairfax-controlled Quess Corp's arm

General

15 July, 2019

Amazon to invest in Fairfax-controlled Quess Corp's arm

US-based online retailer Amazon.com Inc. is investing Rs 51 crore ($7.4 million) in Quess Corp Ltd, a business services provider ......

Vedanta mulls merger with Anglo American unit; Federal Bank eyes Madura Micro

General

04 July, 2018

Vedanta mulls merger with Anglo American unit; Federal Bank eyes Madura Micro

Volcan Investments Ltd, the family trust of Vedanta Resources Plc. chairman Anil Agarwal, is exploring the merger of Anglo American ......

IHH, Temasek seek control of Medanta; ArcelorMittal to exit Uttam Galva Steels

General

06 February, 2018

IHH, Temasek seek control of Medanta; ArcelorMittal to exit Uttam Galva Steels

Malaysia’s IHH Healthcare Berhad and Singapore state investment firm Temasek are both eyeing a majority stake in Global Health Pvt. ......

Fairfax-controlled Thomas Cook to pare stake in Quess Corp

Consumer

22 November, 2017

Fairfax-controlled Thomas Cook to pare stake in Quess Corp

Thomas Cook (India) Ltd said on Wednesday it plans to sell a 5.42% stake in unit Quess Corp Ltd for ......

Fairfax-controlled Quess Corp to buy 51% in Tata's BPO unit

TMT

21 November, 2017

Fairfax-controlled Quess Corp to buy 51% in Tata's BPO unit

Quess Corp, controlled by India-born Canadian billionaire Prem Watsa’s Fairfax Financial Holdings Ltd, has agreed to acquire a 51% stake ......